Retailers, Credit Card Industry Clash

October 5th, 2007 By MARK JEWELL, AP Business Writer

(AP) -- Retailers and the credit card industry are at odds as they try to restore consumer confidence after recent massive thefts of credit card information. The National Retail Federation on Thursday urged a card industry organization to stop requiring retailers to keep customers' card numbers for up to 18 months.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

New Scoring System Protects Credit Card Transactions

Nov 08, 2007 | not rated yet | 1

Amazon launches videogame trade-in store

Mar 06, 2009 | 5 / 5 (1) | 0

Consumers remain upbeat

May 19, 2009 | not rated yet | 0

Briefs: Japan's NTT advances 'wallet' phone plan

Mar 07, 2006 | 4 / 5 (3) | 0

Merchant Terminals Provide New Method For Stealing Customer's Credit Cards

Mar 04, 2008 | 4.3 / 5 (20) | 0

rank
1
2
3
4
5

5/5 after 3 votes

Other News

Japan demands 119 million dlrs in tax from Amazon: report

Technology / Business

13 hours ago | 3.5 / 5 (4) | 0

Japanese authorities told a sales affiliate of US retail giant Amazon.com to pay about 119 million dollars in tax for unreported income over a three-year period, a newspaper said Sunday.

Iconic skyscrapers find new luster by going green

Technology / Energy

15 hours ago | 1 / 5 (1) | 0

(AP) -- When owners of the Empire State Building decided to blanket its towering facade this year with thousands of insulating windows, they were only partly interested in saving energy. They also needed ...

Geeks double as scourges and sages at media summit

Technology / Business

10 hours ago | not rated yet | 0

(AP) -- The media moguls attending an annual powwow staged by investment bank Allen & Co. used to be able to rest comfortably in the Idaho mountains as they mulled their next moves.

Downturn dating: Hearts flutter as markets stutter

Technology / Internet

15 hours ago | not rated yet | 0

(AP) -- Credit the recession for "staycations" and bringing us more game-night parties at home. But also give it a shout for spurring more first dates.